Code to Credit - A Thesis on Digital Lending in India
Credit is pivotal for India's economic growth, facilitating business expansion and consumer spending towards its $10 trillion vision by 2030. Despite the country's conservative financial culture, Gen Z and Millennials are driving increased demand for credit. This has led to a surge in digital lending platforms, requiring regulatory adaptation for sustainable development. This report addresses the growing credit demand, digital advancements, and the need for collaboration between regulated and unregulated entities.
With over 400 million gamers and an industry worth over $3 billion, gaming has emerged as one of the biggest sunrise sectors in the country. Through this report, we look to unravel the nuances of the sector, decode the best practices for India and beyond, and chart the path to future growth.